Superior Central School District uses sinking fund to make renovations
Work is well underway at Superior Central School District, making renovations to the school using their sinking fund and bond.
The fund was passed six years ago, and is a 10-year plan. The sinking fund is for 2.5 mills, which equates to about $180,000.
"$190,000 that would come out of the general fund would almost be impossible for us, so without our sinking fund, without our bond, financially it would be really hard," says K-12 Principal and Superintendent Bill Valima. "But the voters passing those millages helped us out tremendously."
That money was used for numerous things around the school, like new fire alarms and security, a roof for the elementary school gym, new heaters in the elementary school, and filling cracks in the parking lot.
The weight room will also be updated, thanks to trust money left by two families.
"You know, hopefully we wont have any more leaky roofs, we'll have a brand new weight room, I think kids will look forward to that. Just the new paint, the fresh look of the school... I think kids get excited when they see that their school looks nice," says Valima.
The weight room is freshly painted, and new equipment has been ordered. It will be here by the end of the summer.
Now, the final touches are being made, as the school prepares for the academic year in just a few short weeks.
"It's hard to believe that it's 5 weeks out. I know kids don't want to hear that at the end of July, like 'hey it's almost school time,' I think we're ready for them," says Valima.